3, CATHEDRAL CLOSE, TIPTON, DY4 8PF - £218,000

3 CATHEDRAL CLOSE is a small detached house of 92m², built sometime between 1996 and 2002. It was last sold for £218,000 in October 2019, which was around 13% below the average October 2019 detached price in the Sandwell local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

3 CATHEDRAL CLOSE Sold Prices

Land registry data shows three sales for 3 CATHEDRAL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. Two of the three 3 CATHEDRAL CLOSE sales were for below the average price, whilst one was for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 11 OCT	£218,000	£251,108	13% below HPI
2004 6 DEC	£150,000	£175,221	14% below HPI
2001 30 NOV	£112,950	£96,728	17% above HPI

3 CATHEDRAL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sandwell local authority area over time, sourced from the HPI. The three 3 CATHEDRAL CLOSE sales between November 2001 and October 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2004 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the October 2019 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 3 CATHEDRAL CLOSE?

3 CATHEDRAL CLOSE is 92m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 40% of detached houses in Tipton, based on EPC data. The below chart shows the distribution of detached houses by size in Tipton, and where 3 CATHEDRAL CLOSE lies on this distribution: 38% of detached houses are smaller than 3 CATHEDRAL CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Tipton.

3 CATHEDRAL CLOSE: Plot and Title Map

3 CATHEDRAL CLOSE sits on a plot of roughly 0.061 of an acre, or 249m². The below map shows the location of 3 CATHEDRAL CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 3 CATHEDRAL CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 3 CATHEDRAL CLOSE?

3 CATHEDRAL CLOSE is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 3 on CATHEDRAL CLOSE.